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Finnish (OMX) Medical Equipment Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies6
  • 7D-5.3%
  • 3M-2.0%
  • 1Y-35.5%
  • YTD-5.6%

Over the last 7 days, the Medical Equipment industry has dropped 6.2%, driven by Revenio Group Oyj declining 5.8%. The industry has fallen 34% in the last year. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

Has the Finnish Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Apr 2024€870.2m€140.9m€3.3m25.6x261.3x6.2x
Wed, 20 Mar 2024€890.4m€140.9m€3.4m25.7x263.5x6.3x
Fri, 16 Feb 2024€945.3m€139.9m€3.8m29.1x249.6x6.8x
Sun, 14 Jan 2024€903.5m€138.1m€3.0m32.8x302.4x6.5x
Tue, 12 Dec 2023€842.5m€138.1m€3.0m31.4x282x6.1x
Thu, 09 Nov 2023€803.9m€138.1m€3.0m30.7x269x5.8x
Sat, 07 Oct 2023€767.7m€139.8m€3.7m28.1x210.3x5.5x
Mon, 04 Sep 2023€858.5m€139.8m€3.7m30.1x235.2x6.1x
Wed, 02 Aug 2023€1.1b€144.5m€9.3m39.2x116x7.5x
Fri, 30 Jun 2023€1.1b€144.5m€9.3m39.3x115.5x7.5x
Sun, 28 May 2023€1.1b€144.5m€9.3m39.6x116.5x7.5x
Tue, 25 Apr 2023€1.3b€141.2m€9.6m44.6x137.8x9.4x
Thu, 23 Mar 2023€1.2b€141.3m€9.6m41.1x120.9x8.2x
Sat, 18 Feb 2023€1.3b€143.1m€8.3m44.5x155.3x9x
Mon, 16 Jan 2023€1.2b€139.3m€8.0m46.1x153.7x8.8x
Wed, 14 Dec 2022€1.3b€139.3m€8.0m49.6x162.4x9.3x
Fri, 11 Nov 2022€1.3b€139.4m€7.9m51.7x168.8x9.5x
Sun, 09 Oct 2022€1.2b€133.5m€7.1m49.2x167.6x8.9x
Tue, 06 Sep 2022€1.4b€133.5m€7.1m42.1x195.9x10.5x
Thu, 04 Aug 2022€1.6b€124.7m€5.9m71.4x273.5x13x
Sat, 02 Jul 2022€1.5b€124.7m€5.9m63.2x246.8x11.7x
Mon, 30 May 2022€1.6b€124.7m€5.9m69.9x272.4x12.9x
Wed, 27 Apr 2022€1.6b€122.0m€5.7m70.2x285.2x13.3x
Fri, 25 Mar 2022€1.6b€111.2m€10.7m65.1x145x14x
Sun, 20 Feb 2022€1.6b€109.8m€7.7m62.6x209.4x14.6x
Tue, 18 Jan 2022€2.0b€104.5m€8.7m75.9x230.3x19.1x
Thu, 16 Dec 2021€2.2b€104.5m€8.7m81.7x249.7x20.7x
Sat, 13 Nov 2021€2.4b€104.5m€8.7m86.9x277.1x23x
Mon, 11 Oct 2021€2.2b€101.5m€7.6m89x283.7x21.3x
Wed, 08 Sep 2021€1.9b€101.5m€7.6m103.5x250x18.8x
Fri, 06 Aug 2021€1.9b€101.5m€7.6m101.2x245.6x18.4x
Mon, 10 May 2021€1.8b€93.0m€5.8m105.3x309.3x19.3x
Price to Earnings Ratio

309.3x


Total Market Cap: €1.8bTotal Earnings: €5.8mTotal Revenue: €93.0mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Medical Equipment Industry Price to Earnings3Y Average 219.4x202220232024
Current Industry PE
  • Investors are optimistic on the Finnish Medical Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 260x which is higher than its 3-year average PE of 219x.
  • The 3-year average PS ratio of 11.9x is higher than the industry's current PS ratio of 6.2x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 17% per year over the last three years.
  • Meanwhile revenues for these companies have grown 15% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Finnish Healthcare industry?

FI Market-0.40%
Healthcare-1.42%
Medical Equipment-5.27%
Medical Supplies0%
Medical Equipment-5.27%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 219x.
    • Analysts are expecting annual earnings growth of 22.2%, which is lower than the prior year's growth of 97.9% per year.
  • Investors are most pessimistic about the Medical Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 219x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 22% over the next 5 years.
  • However this is lower than its past earnings growth rate of 98% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 22% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NXTMH Nexstim€2.270.9%
+€135.3k
-37.6%PS1.8x
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Latest News

BRETEC

€2.73

Bioretec Oy

7D

-4.5%

1Y

21.9%

REG1V

€24.66

Revenio Group Oyj

7D

-6.0%

1Y

-38.9%

MODU

€0.91

Modulight Oyj

7D

-4.2%

1Y

-63.2%

NXTMH

€2.27

Nexstim

7D

0.9%

1Y

-37.6%